Developing Affordable Housing Ecosystems World Wide
By David Smith Economies flex, and when they do, the jobs they create need somewhere temporary – so that requires temporary housing, and who needs more temporary housing than our Santa-in-a-box? Earlier this month, the Desert Rose RV Park in Fernley, Nev., was a temporary home for seasonal employees of the online-retailing giant. [...]
By: David A. Smith Housing security or housing mobility? Nobody moves until prices rise As we’ve seen before, it’s hard to have both, because whether it’s rapidly adjustable financing or the economic-optionality differences between rental and homeownership, and if a home has negative or minimal equity, too little to overcome the twin hurdles [...]
[Continued from yesterday's Part 2 and the preceding Part 1.] By:David A. Smith Yesterday we followed the Section 8 voucher recipients out of Los Angeles to distant desert Lancaster, via a New York Times article that was hoping to find prejudice in the city’s enforcement actions against Section 8 voucher newcomers. Lancaster, 1950, [...]
[Continued from yesterday's Part 1.] By:David A. Smith Yesterday we saw that, thought a natural law of economic pressure, those receiving fixed-rent Section 8 subsidies and searching for the most home for their money will often migrate to the farthest reaches of the MSA — and in vast Los Angeles County, that means [...]
By:David A. Smith Suppose you had a chit worth a fixed amount of rent subsidy, and you could go anywhere in greater Los Angeles, where would you take it? And what reception would you expect when you arrived in your new neighborhood? Go anywhere you want, provided you can find housing In [...]
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